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How Bangladesh returns stolen asset, how to recover its own

DOULOT AKTER MALA | 2024-09-07 00:00:00

Bangladesh has twice returned stolen asset to the UK under a UN model following detection and requests from London and this modality can also apply to bid for repatriating its own laundered wealth, experts say.The then Bangladesh government returned stolen...

How a retired bureaucrat becomes metro monarch, muddles matters

MUNIMA SULTANA | 2024-09-07 00:00:00

Future metro-rail ride for the city commuters might not be as smooth as in other parts of the world allegedly for violative and domineering control of the non-technical company boss over highly technical operations of the modern mass transport.This is...

AmCham seeks review of tax structure to grow biz

REZAUL KARIM | 2024-09-07 00:00:00

The American Chamber of Commerce in Bangladesh (AmCham) offers a set of suggestions like re-evaluation of and reduction in customs duty/tax structure without delay for the sustenance of business entities.It also recommended collection and dissemination of timely and accurate data,...

Nurturing Financial Inclusion Strategies to empower MFIs

Murshed Alam Sarker | 2024-09-07 00:00:00

Once, banks catered exclusively to well-off entrepreneurs, with their doors hardly accessible to those most in need of financial resources to build a better future. This left small investors and farmers at the mercy of local moneylenders, known as 'Mohajon,'...

Lotus and red water lily stand out against whiteness of Sharat

Nilratan Halder | 2024-09-07 00:00:00

Whiteness above and whiteness below that is what Sharat or Autumn is all about. In popular perception the floating clouds like scattered clusters of snowy cotton in the sky and sheuli (night-flowering jasmine) together with undulating catkins below stand out...

The disconnect between teachers and students unlikely to heal

Nilratan Halder | 2024-09-06 00:00:00

The student movement responsible for the ouster of Hasina-led government has not only restored confidence in and respect for the community of learners but also raised high hopes for the country. Before history was made on August 5 last, courtesy...

A patriarch in banking domain brings doom thru excesses

SIDDIQUE ISLAM | 2024-09-05 00:00:00

A self-imposed patriarch in banking made normal operations of the private-sector banks in Bangladesh difficult during ousted prime minister Sheikh Hasina's rule through excesses like forced donation and money-market distortions, bankers say.Bankers say Nazrul Islam Mazumder's reign was marked by...

Revamping manpower sector

Atiqul Kabir Tuhin | 2024-09-05 00:00:00

While much has been written about the students' Anti-Discrimination Movement triggering the downfall of the Sheikh Hasina government, less credit has been given to the expatriate workers overseas who helped upend the tyrannical rule and is now poised to play...

The consequences of being Netanyahu

Syed Badrul Ahsan | 2024-09-05 00:00:00

Benjamin Netanyahu is heartbroken at the death of six hostages in Hamas captivity. He has sought forgiveness of Israelis for being unable to save those who have died. The grief of the families of these dead as also of the...

Regime change transforms services at HSIA

GULAM RABBANI | 2024-09-04 00:00:00

Services at the country's largest airport, Hazrat Shahjalal International Airport (HSIA), have improved to a large extent, and now the passengers are coming out from the airport at the shortest time after completing their necessary procedure. The airport authority is...

India seeks 'variable' transmission charge

SYFUL ISLAM | 2024-09-04 00:00:00

India has prevailed upon negotiators to keep transmission charge "variable" for using its line to transmit electricity from Nepal into Bangladesh which the finance division finds irrational.The Power Division negotiated with India that it will get Tk 0.76 per unit...

Dhaka expressway fetches Tk 1.04b

MUNIMA SULTANA | 2024-09-04 00:00:00

Dhaka Elevated Expressway (DEE), the country's first road-access-control infrastructure, celebrated one year of inauguration on Tuesday, recording 12.7-million traffic during the period with domination of the lowest-toll-charged vehicles.According to data, Tk 1.04 billion was collected in tolls for using the...

Chittagong Chamber board resigns

NAZIMUDDIN SHYAMOL | 2024-09-04 00:00:00

CHATTOGRAM, Sept 03: All 24 directors of the executive committee of Chittagong Chamber of Commerce and Industry (CCCI), including its President Omar Hazzaz, resigned on Monday. The resignation letters were sent to Nazneen Kawshar Chowdhury, director general (Trade Organisation Wing)...

ICB left on its own as finance ministry rejects Tk 50b loan plea

MOHAMMAD MUFAZZAL | 2024-09-04 00:00:00

The interim government has turned down the ICB's plea for a loan worth Tk 50 billion sought to strengthen its financial base and support the country's capital market."The government now is not willing to disburse any loan. It would be...

A periodic approach to reduce rice consumption

NOWSHABA ACHAL | 2024-09-04 00:00:00

In Bengali culture, rice is more than simply food; it's a daily staple, a habit, and a source of comfort. However, many people are thinking about cutting back on their use of white rice as they become more aware of...

Everyone has a take on AI

Hasnat Abdul Hye | 2024-09-04 00:00:00

Everybody who is somebody in the world of technology, economy politics and academia has a take on Artificial Intelligence (AI), particularly in the West where it is undergoing rapid transformation, paving the way for the most important technological advance since...

NBR allows import through Bhomra Land Port

DOULOT AKTER MALA | 2024-09-03 00:00:00

The National Board of Revenue (NBR) allowed import of all types of goods through the Bhomra Land Port of Satkhira, except powdered milk, in a bid to facilitate trade between Bangladesh and India.The customs wing has issued a notification in...

Businesses in trouble as CPA bans transactions with nine banks

NAZIMUDDIN SHYAMOL | 2024-09-03 00:00:00

CHATTOGRAM, Sept 02: The Chittagong Port Authority's (CPA) decision not to accept payment orders of nine banks, including seven that were controlled by S. Alam Group, has put thousands of businessmen and industrialists in great trouble. Sources said the CPA...

Metro rail services all week days soon

MUNIMA SULTANA | 2024-09-03 00:00:00

The Dhaka metro rail company plans to operate the mass rapid transit line 06 (MRT-06) from Uttara to Motijheel seven days a week soon with a target to facilitate commuter movement.Officials said a preparatory meeting was held on Monday to...

Looming dengue outbreak

Syed Fattahul Alim | 2024-09-03 00:00:00

Too many events have been taking place in recent weeks for the public to keep track of. Obviously, the most engaging among them were the violent political changes followed by the devastating flash floods in the northeastern and southeastern districts...

Causes of floods in Eastern BD and way forward

Helal Uddin Ahmed | 2024-09-03 00:00:00

People in the eastern region of Bangladesh, especially in mid-southeast, have not witnessed such a terrifying flood as seen in the second half of August this year, ever since the country's independence in 1971. Consequently, due to the unexpected nature...

Stability key to interim administration’s success

Syed Fattahul Alim | 2024-09-02 12:00:00

Though the Dr Yunus-led interim government is still in a nascent stage, yet expectations from it from the various disgruntled sections of administration and society seem to be unlimited. However, the methods being used to realise the demands are also...

Experts warn of risks to DSE demutualisation goals

MOHAMMAD MUFAZZAL | 2024-09-02 00:00:00

Experts have strongly criticised the DSE Brokers Association's (DBA) proposal to appoint the chairman of the Dhaka Stock Exchange (DSE) from among the shareholder directors. They argue that this move could undermine the demutualisation objectives of the exchange if it...

BR to revive study project

MUNIMA SULTANA | 2024-09-02 00:00:00

The Bangladesh Railway (BR) is considering reviving the cord line study project shelved by Sheikh Hasina's government as investment in the project will reduce both travel time and operational cost on Dhaka-Chattogram rail corridor.Officials said although importance of the cord...

Developments for and against anti-discrimination movement

Neil Ray | 2024-09-02 00:00:00

Bliss it was in that dawn to be aliveBut to be young was very heaven Nothing could be more appropriate for Bangladesh right at the moment than the famous couplet penned by William Wordsworth in his The Prelude. Living in...

DSE nominates seven independent directors to revitalise board

MOHAMMAD MUFAZZAL | 2024-09-01 00:00:00

The Dhaka Stock Exchange (DSE) has submitted a list of seven nominees for appointment as independent directors to its board, aiming to make it functional, as suggested by the securities regulator after six independent directors resigned in the wake of...

Justice for victims of enforced disappearance

Atiqul Kabir Tuhin | 2024-09-01 00:00:00

The nation recoiled in horror when it learnt about the horrific, inhumane happenings that befell the victims of enforced disappearance during the Sheikh Hasina led Awami League government. Harrowing nightmarish stories are emerging from those who had been victims of...

Factoring climate change in economic planning

Asjadul Kibria | 2024-09-01 00:00:00

"Despite some uncertainty around its magnitude, climate change clearly dampens output levels in Asia and the Pacific through channels such as loss of physical capital, people's health conditions and productivity." The Asia-Pacific Quarterly Economic Update, prepared and published by the...

BD unlikely to reroute external trade through Indian ports

SYFUL ISLAM | 2024-08-31 00:00:00

Bangladesh government won't encourage businesses to use Indian ports for rerouting export-import trade as no special facility comes therefrom and a local deep-sea port is forthcoming, sources say. Vessel traffic from the under-construction Matarbari deep-sea port is not far off...

Insatiable craving for money and power is at the root of all evils

Nilratan Halder | 2024-08-31 00:00:00

In his seminal novel, Lord of the Flies, William Golding has shown how innocence transforms into crudity, generosity into selfishness, cooperation into conflict and peaceful cohabitation and camaraderie into domination and supreme authority. What begins as a genuine expression of...